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RATEFORM FORECAST METHOD |
The origins of the rateform method come from The Rating Of Chessplayers by Professor Elo, and from the Punters Revenge by Tony Drapkin and Richard Forsyth. The basis of the rateform method is that each team is given a points score based on their current form. Although this sounds simple, and it is, its calculation is a little more involved. |
Here are the basic rules…
Here is how a typical calculation is made....
home team points total = HTPOINTS
away team points total = ATPOINTS
home team contribution to kitty = HTKITTY = 7% of HTPOINTS
away team contribution to kitty = ATKITTY = 5% of ATPOINTS
the kitty therefore = KITTY = HTKITTY + ATKITTY
if the result is a HOME WIN then
home team receives KITTY points added to HTPOINTS
away team receives zero points added to ATPOINTS
if result is an AWAY WIN then
home team receives zero points added to HTPOINTS
away team receives KITTY points added to ATPOINTS
if the result is a DRAW then
home team receives KITTY / 2 points added to HTPOINTS
away team receives KITTY / 2 points added to ATPOINTS
To calculate the possible outcome of a match based on rateform the away rateform is subtracted from the home rateform and the difference is compared against set values for home, away and draw possibilities